Which of These Is NOT a Characteristic of Entrepreneurial Ventures

question 50

Multiple Choice

Which of these is NOT a characteristic of entrepreneurial ventures?

• A) Little impact on industry
• B) Innovative practices
• C) Pursue opportunities
• D) Have growth and profitability as main goals
• E) All of the answer choices are correct.

---

Definitions:

Reverse Auction

An auction format in which sellers bid to offer goods or services at the lowest price to a buyer, reversing the traditional auction model.

Would-Be Suppliers

Potential providers of goods or services that are considering entering a specific market or supplying a particular customer or company.

Bid Competition

A procurement process where vendors or contractors submit their proposals or bids, competing to win a contract based on price, quality, and/or service criteria.

Upward Pressure

Forces or conditions within a market that cause prices to rise, often due to factors like increased demand, higher production costs, or supply shortages.